Price $BTC at the time of 58400 usdt, continuing a day of ups and downs of BTC, the upcoming listing of $DOGS on the exchange, will it affect its value. I have a short-term opinion about the next 14 days, Bitcoin may continue to increase in price in the near future but also do not rule out the possibility of an adjustment.
The increase or decrease of Bitcoin price strongly affects new tokens on the market. When #Bitcoin❗ increases in price, there will usually be a positive movement in the market and many new tokens can benefit from this increase in price. However, when Bitcoin adjusts, this can create fear and anxiety in the community, leading to a decrease in the price of many tokens.
When a new token is about to be listed on an electronic exchange, a stable and positive Bitcoin price often creates a favorable environment for the listing of this token. As mentioned before, the cryptocurrency market is very volatile, so the new #TokenTrends listing must also be carefully considered and based on many different factors besides the Bitcoin price, which can also be affected by other factors such as news, events, and market sentiment.
The above is just a personal opinion, if you have any comments, please add them
